Well, while we're on the topic of H F lathe, this gives me the opportunity to show off my $89 prize purchase. I've enhanced it too, with a solid wood base to keep it ridgid. Securely affixed to the 2X4 and plywood base it manages to refrain from jumping around. In all seriousness, I wasn't looking for a lathe at the time, but for $89.00 I figured I wouldn't be out much if it sucked like a shop vac, and the 40" size would be good for turning table legs. Turned out to be correct, I've made several tables for the family. Here's a few pics:
PS: I've already needed to replace the Off-On switch, and added a wooden handle on the steady rest for better torque.